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Bitcoin and ether are associated with proof of work! However, at the end of the day all coins mirror or reflect fruits of labor - in this instance masterfully captured by a fragment of a coalmining painting by the Norwegian artist Per Krogh (1889-1965). The coin is one-sided just like medieval bracteates. But you may discern the motif on the averse.

Svalbard Money collection image

www.svalbard.money is a Norwegian NFT-project initiated by SpareBank 1; the second largest finance group in Norway. The fascinating monetary history in Svalbard constitutes the core of the project: In the 20th century, American, British, Norwegian, Russian/Soviet and Swedish coal companies issued local currencies in Svalbard; notes and (Soviet) coins; money based upon real mining and physical proof of work.

The digital Svalbard notes are unique reproductions of various Anglo-Russian, Norwegian and Soviet Svalbard notes. The decentralized production of such notes ceased on February 7th 2022 when the Ethereum blockchain reached block nr. 14159265. Learn more about this part of our project in the Svalbard money white paper:

https://www.svalbard.money/whitepaper

The digital Svalbard coins pay homage to the Svalbard coins that were minted in Leningrad just after WW2. Read all about it in a richly illustrated “white paper light” here:

https://www.svalbard.money/svalbard_og_penger/6

Category Art
Contract Address0x4b48...e5bd
Token ID10051
Token StandardERC-721
ChainPolygon
Creator Earnings
3.14%

Proof of work-coin #20

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Proof of work-coin #20

visibility
25 views
  • Price
    USD Price
    Quantity
    Expiration
    From
  • Price
    USD Price
    Quantity
    Floor Difference
    Expiration
    From

Bitcoin and ether are associated with proof of work! However, at the end of the day all coins mirror or reflect fruits of labor - in this instance masterfully captured by a fragment of a coalmining painting by the Norwegian artist Per Krogh (1889-1965). The coin is one-sided just like medieval bracteates. But you may discern the motif on the averse.

Svalbard Money collection image

www.svalbard.money is a Norwegian NFT-project initiated by SpareBank 1; the second largest finance group in Norway. The fascinating monetary history in Svalbard constitutes the core of the project: In the 20th century, American, British, Norwegian, Russian/Soviet and Swedish coal companies issued local currencies in Svalbard; notes and (Soviet) coins; money based upon real mining and physical proof of work.

The digital Svalbard notes are unique reproductions of various Anglo-Russian, Norwegian and Soviet Svalbard notes. The decentralized production of such notes ceased on February 7th 2022 when the Ethereum blockchain reached block nr. 14159265. Learn more about this part of our project in the Svalbard money white paper:

https://www.svalbard.money/whitepaper

The digital Svalbard coins pay homage to the Svalbard coins that were minted in Leningrad just after WW2. Read all about it in a richly illustrated “white paper light” here:

https://www.svalbard.money/svalbard_og_penger/6

Category Art
Contract Address0x4b48...e5bd
Token ID10051
Token StandardERC-721
ChainPolygon
Creator Earnings
3.14%
keyboard_arrow_down
Event
Price
From
To
Date